Linear and nonlinear interest rate sensitivity of Spanish banks

Laura Ballester; Román Ferrer; Cristóbal González

doi:10.1016/j.srfe.2011.09.002

Linear and nonlinear interest rate sensitivity of Spanish banks

The Spanish Review of Financial Economics ◽

10.1016/j.srfe.2011.09.002 ◽

2011 ◽

Vol 9 (2) ◽

pp. 35-48 ◽

Cited By ~ 24

Author(s):

Laura Ballester ◽

Román Ferrer ◽

Cristóbal González

Keyword(s):

Interest Rate ◽

Rate Sensitivity ◽

Linear And Nonlinear

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Interest Rate Sensitivity of Equity Mutual Funds

CFA Digest ◽

10.2469/dig.v30.n4.770 ◽

2000 ◽

Vol 30 (4) ◽

pp. 48-49

Author(s):

M.E. Ellis

Keyword(s):

Interest Rate ◽

Mutual Funds ◽

Rate Sensitivity ◽

Equity Mutual Funds

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The Analysis of Fundamental Variables and Macro Economic Variables in Predicting Financial Distress

Management Analysis Journal ◽

10.15294/maj.v9i1.36395 ◽

2020 ◽

Vol 9 (1) ◽

pp. 81-90

Author(s):

Siti Nur Kholisoh ◽

Rina Dwiarti

Keyword(s):

Exchange Rate ◽

Interest Rate ◽

Financial Distress ◽

Rate Sensitivity ◽

Total Asset ◽

Current Ratio ◽

Return On Equity ◽

Macroeconomic Variables ◽

Turnover Ratio ◽

Asset Turnover

Financial distress is a condition where the company is experiencing financial difficulties prior to bankruptcy. This study aims to identify and explain the influence of the fundamental variables and macroeconomic variables in predicting the probability of financial distress. Based on the eight variables used, current ratio, debt to assets ratio, return on equity and total asset turnover ratio is a fundamental variable. While the sensitivity of inflation, exchange rate sensitivity and interest rate sensitivity included in macroeconomic variables. The population in this study are all porperti and real estate company listed on the Stock Exchange in 2014-2018. The sample selection using purposive sampling technique, acquired 23 companies in the sample with the five companies in the category of financial distress and 18 companies in the category of non financial distress. The analytical method used is logistic regression and sensitivity analysis. The results showed that the variable current ratio, debt to assets ratio, total asset turnover ratio, inflation sesnitivity, exchange rate sensitivity and interest rate sensitivity did not significantly affect the probability of financial distress. While return on equity significantly negative influence on the company’s financial distress.

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Interest Rate Sensitivity

Failing in the Field ◽

10.23943/princeton/9780691183138.003.0008 ◽

2018 ◽

pp. 84-93

Author(s):

Dean Karlan ◽

Jacob Appel

Keyword(s):

Interest Rate ◽

Interest Rates ◽

Basic Concept ◽

Rate Sensitivity ◽

Microfinance Institutions ◽

Application Process ◽

Savings And Loans ◽

Hard Time

This chapter details a study conducted with Opportunity International Savings and Loans, Ltd. (OISL)—one of Ghana's largest microfinance institutions—which analyzes the implications of interest rate for both revenue and outreach. The basic concept was simple: market loans to different people using a range of interest rates and observe how many and what kinds of people respond to the offer. The single biggest hang-up was the guarantor requirement. Most applicants had a hard time finding family or friends who could commit to cover a loan; it was also a hassle to do the paperwork. On the surface, this is a simple case of low participation. Far fewer clients took loans than was projected in the pilot, slashing the study's power. That so many clients dropped out because of the sheer duration of the application process suggests a second kind of failure: the study placed too high a burden on OISL's staff.

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